From time immemorial, the basic needs of man have basically been narrowed down to three basic and primary things — a shelter for protection against forces of nature, food to avoid starving and clothing against weather. With this article, we will take a cursory look at the first issue which is -shelter. As the world's population keeps climbing and surging upwards, issues of shelter for the over 7 billion people globally becomes not just a personal problem but a state issue.
Thus solving this issue becomes a must, especially when we all as humans need a home — basically a house of our own i.e a roof over our head. According to Savilla (Svcpf) the London based real estate advisors, the total global property worth is about “$217 trillion” with residential properties making up 75% of that value.
Thus placing the real estate sector as one of the biggest money spinning industry and with more cash coming in year by year, investors or prospective homeowners are mostly at the mercies of fraudulent middlemen or agents who often claim with all authority to know the best properties or the most convenient to buy or sell. An occurrence that does no one any good, not potential investors( in need of properties) not the government(s) looking to earn revenue from such property sales and certainly not the agent themselves who may end up with a tainted image or soiled reputation. Basically making the application of blockchain technology by Wealth Migrate a welcomed change. A move that aims to bring real estate to the blockchain by eliminating intermediaries.
Wealth Migrate
A global real estate investment marketplace that offers investors direct access to exclusive real estate investment opportunities, in the top notch real estate markets around the world, from as little as USD 1000.
Thus wealth migrate’s mission is to empower people by providing access to quality real estate investments that were previously accessible only to high net worth individuals and institutional investors. Think of being able to basically buy choice properties of your choice in Dubai but living in the States.
Basically half of the world’s wealth is held in real estate, but only 12.9% of the population have the disposable income to access it.thus with wealth migrate platform, investors will have access to the extensive experience of the Wealth Migrate executive team which has collectively invested more than USD 1.4 billion for clients in international real estate transactions over the last three decades.
Hence is as a blockchain platform which aims to democratize and incentivize the real estate industry, Wealth Migrate will be offering a cryptocurrency token called WealthE . WealthE will cover a
wide range of scope and benefits for holders. Thus basically disrupting how we approach the real estate industry market going forward.
Metrics
18,100+ members from 111 countries and growing by 1.93% per day
USD 72.3 million+ invested by investors from 44 countries (a quarter of the planet) and growing by 0.5% per day
1810+ transactions with an average transaction size of USD 39,800
70% repeat investment from investors.
All transactions have taken place through the existing blockchain platform
Real estate pipelines of over USD 3 billion on four continents in diversified commercial and residential assets
Token Details:
Token will be referred to as WealthE (WRE)
Pre-pre Token Sale Duration: 1 million USD or whichever is earlier
Pre-Sale Duration: December 15, 2017, to April 4, 2018, or until 10 million is raised whichever is earlier.
Token price: The ETH equivalent of 0.10
Token Sale Cap: $ 30 Million
Payment: Ethereum
Team:
For More Information on Wealth Migrate,
Website: https://wealthmigrate.com
Twitter: https://twitter.com/WealthE_Coin
Facebook: https://facebook.com/wealthmigrate
Bountyhive Username: Farouk
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There will be a lot of interesting!
This a great project considering the fact that they are eliminating poverty..... looking forward to it
You have any idea if softcap has been reached?
Blockchain is now taking over almost all platform even real estate. I see this as something that will really go far
A very lucid rendition of what this project can do...
Is there any need for all to do KYC on order to participate in this
Having read through your article, i have hope as an emigrant worker in dubai
Vundervart.. i will definately buy into this ico. I do believe in the team and trust their leadership
It is a known fact nowadays that most ico's end up scamming investors and running away like crestonium with our(investors) money. What assurances do we have that your wealth migrate will not toe the line of crestonium, otho and others. Please i will appreciate your candid explanation(s). Thank you
Will it hit exchange fast?